$998,000 - 122 East Avenue, Hamilton
Detached for Sale in Hamilton
93 days on market- MLS Number
- X12880496
- Property Type
- Detached
- Status
- active
- Days on Site
- 93
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Hamilton
- Listing Brokerage
- ROYAL LEPAGE STATE REALTY
Welcome to 122 East Avenue S in the Desirable Stinson Neighbourhood. This GRAND Victorian, 2.5 Storey, 2600 Sq Ft Home Exudes Historic Charm with its Double Front Doors, Stained Glass, Original Hardwood Floors, Baseboards, Moulding & Trim, Sweeping Staircase, Decorative Fireplace, Ornate Details Including Ceiling Medallions & Corbels, Butlers Door, 2nd Staircase & High Ceilings. The Spacious Main Level Offers a Versatile Floor Plan Offering an Oversized Living Room, Separate Formal Dining Room, 2-Piece Powder Room and Kitchen with Pantry which Leads to the Lovely, Secluded, Fully Fenced Backyard. The 2nd Level Offers 3 Good Sized Bedrooms & Updated Main Bathroom with Double Vanity, Huge Walk-in Shower & Freestanding Claw Foot Bathtub ('20). The Finished 3rd Level Loft Offers an Additional Bedroom or Living Space. The Basement Features Plenty of Storage, a Roughed-in Full Bathroom & Separate Walk-up Side Entry. Private, 2 Vehicle Tandem Parking is Accessible from the Rear Alley. Roof Shingles & A/C ('20), Electrical 200 AMP. This is Your Chance to Own a Piece of History in a Vibrant, Family & Commuter Friendly Community. Walking Distance to The Hamilton GO, Parks, Trails, Bike Share, St. Joseph's Hospital, Downtown Restaurants and Amenities. Easy Highway & Hamilton Mountain Access.
Estimate your monthly payments for this property
Estimated Payment
$5,120.26/mo
Includes CMHC insurance ($27,844)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Hamilton
Hamilton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Hamilton
- •Convenient location in Hamilton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Hamilton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
122 East Avenue, Hamilton
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $399/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 93 days on site, this property has exceeded the typical selling timeline for Hamilton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Hamilton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Hamilton. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Hamilton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,158 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.